US judge asks Musk and SEC to justify why securities settlement is ‘fair and reasonable’

US judge asks Musk and SEC to justify why securities settlement is ‘fair and reasonable’

U.S. Dis­trict Judge Ali­son Nathan said the court is required to deter­mine whether the enforce­ment action is “fair and rea­son­able, with the addi­tion­al require­ment that the pub­lic inter­est not be dis­served.”
Source: CNBCRSS